Karma Sathi Prakalpa Scheme

Karma Sathi Prakalpa Scheme

By launching the Karma Sathi Prakalpa Scheme, the State Government Of India has taken good steps to create employment opportunities among the youth. It helps to open new doors for the unemployed and helps potential entrepreneurs to become independent and start their new ventures. You as an applicant of Karma Sathi Prakalpa Scheme 2024 can start a successful trading business in the country and earn a livelihood.

Employment generation is the main goal of the Government of West Bengal thus it has announced and launched this scheme. It aims to help enthusiastic entrepreneurs start their businesses and soon become employers to offer jobs to others as well.

The government sets a target to provide loans to 1 lakh aspirants this year. Each candidate can avail of a loan of up to Rs 2 lakh under this scheme. The government also provides subsidies along with loans for new projects.

A target is set to make 1 lakh unemployed young people self-sufficient each year through the Karmasathi project (karma sathi prokalpo). Also, this project is formulated to run for the next three years. Moreover, for this initiative, the government has planned to allocate Rs. 500 crore. 

What Is Karma Sathi Prakalpa Scheme?

The Government of West Bengal pushes to create a profitable opportunity for employment and considers it appropriate to assist young and enthusiastic state entrepreneurs that too both in rural and urban areas. It is working to set up new enterprises for manufacturing and opening small enterprises for services and trade to make the youth self-reliant.

Today, the government pleases to approve and support the introduction of a new scheme for the creation of new enterprises in the field of manufacturing. Along with small enterprises in the field of services and trade for state entrepreneurs.

On the occasion of the International Youth Day on 12 August in Kolkata, the Government of West Bengal officially launched the ‘Karma Sathi Prakalpa Scheme’. Under this program, one lakh unemployed young people will be able to avail of loans and subsidies.

Karma Sathi Prakalpa Scheme Application Form 2024

If you need financial help and reading this article then let me tell you here I am going to include all the important details about this loan scheme. If you are eligible and interested in a bank loan under KSP 2024 you can visit the official website and fill out the application form for KSP 2024.

Eligibility Criteria For Karma Sathi Prakalpa Scheme

Anyone who is intending or, a prospective businessperson fulfilling the requirements below can apply. Only one member of a family must stand eligible to apply under this scheme where “family” suggests parent and spouse.

  1. The candidates should be a permanent resident of West Bengal.
  2. Secondly, only permanent candidates of West Bengal are eligible for this scheme.
  3. Educational Qualification for the scheme implies a minimum Class VIII pass. Also, the preference is given to the one who has registered with the Employment Bank.
  4. The loan is provided by the state-owned cooperative bank to support the prospective entrepreneurs. The aspirants who are of the age group of 18-50 years can now set up “new manufacturing enterprises and small businesses“.

The Objective of Karma Sathi Prakalpa Scheme 2024

The provincial government is considering the new plan following instructions from Chief Minister Mamata Banerjee. Moreover, the ultimate goal of this program is to enable jobless youth to become self-sufficient.

  • In the new scheme under “Karma Sathi Prakalpa” jobless youth who are not employed are provided loans and grants so that they can become self-sufficient.
  • Also, the Chief Minister added to her statement that the unemployment rate in West Bengal will drop in the upcoming years.
  • Also, to help young entrepreneurs, the State is setting up new manufacturing enterprises and small companies including services and trading.
  • To build gainful self-employment opportunities in both rural and urban areas of the State.

Although, under this program, the national government sets a target of providing a one-year-old youth loan. Therefore, each beneficiary can receive a loan of up to Rs 2 lakh under the scheme. In addition to loans, the government also provides funding for new projects.

Benefits of Karma sathi Prakalpa scheme

What is the benefit of the Karma Sathi Prakalpa Scheme?

  • The new employment generation projects help in securing the means of livelihood for the jobless youths in the urban part of the State.
  • The West Bengal government also provides Rs. 2 lakhs to the jobless candidates to begin their business.
  • Also, the scheme provides monetary help and a growing chance to about 3 lakh youngsters of the State in the coming three years.

Documents Required For WB Karma Sathi Prakalpa

The duly filled-in application form must be submitted along with the following duly signed documents.

  • Passport Size Photo
  • Adhaar Card
  • Proof of address& ID 
  • 10th or 12th Market Sheet
  • Certificate of education
  • Voting ID Card
  • Copy of SC / ST / OBC / Minority / Certificate issued separately, if applicable
  • Project report

Step to Apply For WB Karma Sathi Prakalpa Scheme Online 2024

  • Login to the Official Website of WB Karma Sathi Prakalpa Scheme karmasathi.wb.gov.in.
  • On the front page, Click on the “Apply Now” Button. A pop-up menu appears. Click on the register link.
  • Application Form page \displays on the screen.
  • Now enter the important details.
  • Mention all the details like :
  1.  Father/ husband name
  2.  Date of birth
  3.  Gender
  4. Caste 
  • Also, other information and then upload your documents.
  • Tap on Submit Button for the final submission of the application.

How To Submit Karma Sathi Prakalpa Application Form Offline

You need to submit the application form offline to the Block Development Officer, in case the entrepreneur resides in rural areas. Office of the SubDivisional Officer in case the entrepreneur resides in Municipal/Notified areas or outside the areas of Kolkata Municipal Corporation and the Kolkata Municipal Corporation in case the entrepreneur resides in the KMC area. Application Forms may also be submitted directly at the MSME Facilitation Centre (MFC) of the District Industries Centre (DIC).

Procedure of Karma sathi Prakalpa scheme

Beneficiary list of Karma Sathi Prakalpa Scheme 2024,

  • You need to visit the official website of West Bengal Karma Sati Prakalp Yojana. After this, the home page of the website will open in front of you.
  • On the homepage of the website, You have to click on the “Scheme” option. After this, the next page will open in front of you.
  • On this page, you should click on the “Karma Sathi prakalpa” scheme option. After this, a new page will open in front of you.
  • You should now click on the “Beneficiary List” option on this page. After this, a new form will open in front of you.
  • In this form, you must select the details of the information requested, such as region, block, division, etc.
  • After this, the Beneficiary List is displayed in front of you.
Incentives Under WBKSP Scheme 2024
  • This scheme is implemented by the concerned State Authority, through which a loan of approx.2 lakh is provided to all eligible applicants each year.
  • So far 1 lakh recipients are chosen as beneficiaries by the Karma Sathi Prakalpa Scheme.
  • Moreover, about Rs.500 crore is planned by the state government for this scheme.
How much loan is provided under Karma Sathi Prakalpa?

Soft loans and subsidies are given under the framework to take up any new revenue-generating project up to Rs. 2 lakhs in the production, service, and trading/business field. Also, the loan issues on soft terms are provided by the State-owned Cooperative Bank.

Government Subsidy Under the Karma Sathi Loan Scheme

There are two parts of government subsidy under this scheme:

  • The Project Subsidy is 15% of the project cost subject to a maximum of Rs. 25,000.
  • Secondly, the Interest subsidy that is paid to the entrepreneur on annual interest paid by him/her to the Co-operative Bank

 a. 50% for timely repayment of interest for the best period of 3 years.

 b. 40% for all other cases for the best period of 3 years

Margin Money Under KSP Scheme

The applicant whose project finally sanctioned under the scheme is required to pay his/her contribution in the following manner: 

a) The Project costs up to Rs.50,000 which is 5% of the project cost for all kinds of applicants.

 b) Also, the Project cost above Rs.50,000 is 5% of the project cost for SC, ST, Women, Differently abled, or Minority communities. After that 10% of the project cost for others.

FAQ Karma sathi Prakalpa scheme
Frequently Asked Questions on KSP Loan Scheme
Who will be eligible for the Karma Sathi Prakalpa scheme?

Anyone who meets all the conditions of a job project will be able to apply as a potential entrepreneur. Only one person from the family can apply. Here the family refers to the parents and the wife.

What is the age to apply for the Karma Sathi Prakalpa scheme?

Applicants must be between 18 and 50 years of age to apply for the program.

What educational qualifications are required for the West Bengal Karma Sathi Prakalpa scheme?

You should have passed the lower eighth grade. However, if the name of the labour bank is registered, you will get it first.

What kind of project will be considered in Karma Sathi Prakalpa Scheme?

Any new manufacturing, service, and commercial/business project under this project will be considered for approval. Loans and subsidies will be provided in simple instalments. Loans of up to Rs 2 lakh will be provided. The loan will be granted in simple instalments from the central bank.

What amount of government subsidy is available in the KSP scheme?

A) Project Funding: 15% of project costs or Rs. 25,000 any less.

B) Interest Interest: The annual interest that the entrepreneur will pay to the co-operative bank will be paid.

Can unemployed girls also get loans under the Karma Sathi Prakalpa program?

Yes, all unemployed girls can also get this program.

How to check the list of Beneficiaries of the Karma Sathi Prakalpa Scheme 2024-25?

Visit the Official Website of WB Karma Sathi Prakalpa Scheme, i.e. Karmasathi.wb.org.in and check the Beneficiary list of Karma Sathi.


Mamta Banerjee led the West Bengal government to make many efforts over the past nine years to ensure job creation. Also, programs such as financial assistance help young people to do their jobs. West Bengal is already providing much-needed support to self-help groups to improve the economy in both rural and urban areas. Now unemployed youth in urban areas will benefit from the Karma Sathi Prakalpa Scheme.

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